QTS acquires new data center for $50 million

QTS Realty Trust, an international provider of data center, managed hosting and cloud services has purchased a 260,000 sq.ft. data center in Fort Worth, Texas from Health Care Service Corporation (HCSC). The facility was purchased for about $50 million and the deal was financed through QTS’ revolving credit facility.

QTS says that the facility is its second mega data center in the broader Dallas-Fort Worth-Irving market and will strengthen the company’s ability to serve Fortune 1000 enterprises as well as regional financial services, healthcare and technology companies. The facility is carrier-neutral with 12 carriers and is situated adjacent to a number of other large enterprise data center facilities.

QTS claims that the data center has 40,000 sq.ft. of built-out raised floor and 8 MW of gross power. Including adjacent land, the site can support a total of more than 300,000 sq.ft. of raised floor and 60 MW of gross power.

Chad Williams, Chairman and CEO, QTS said:

Our success in one of the nation’s largest Tier 1 markets is a testament to the value our customers are seeing in our fully integrated platform.

We are excited about our ability to quickly expand and meet the growing needs of current and new customers in another state-of-the-art facility.